Tag: cost-cutting

Here you will find all the articles with the tag: cost-cutting.

‘Huawei CEO puts company in survival mode’

‘Huawei CEO puts company in survival mode’

Huawei's CEO reportedly sees tough economic times as a threat to the company. A focus on survival is said to be necessary. Chinese websites Yucai and 163 claim that Huawei CEO Ren Zhengfei warned employees of economic risks in an internal memo. Zhengfei reportedly referred to economic circumsta... Read more

date1 month ago
Apple stock slips due to cost-cutting rumours

Apple stock slips due to cost-cutting rumours

Apple's stock slipped by 2 percent after Bloomberg published a report indicating the tech giant plans to scale down its operations next year – including slowing hiring and cutting spending. Insider sources told Bloomberg that the cuts will only affect certain business units, whereas other dep... Read more

date2 months ago